Ottobock: A family business continues to grow
Expansion in Scandinavia
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Ottobock: A family business continues to grow
Expansion in Scandinavia
The global health tech company Ottobock continues to grow. On 10 July 2024, Ottobock acquired Sahva A/S, a leading professional supply network for orthopaedic technology in Denmark. This investment continues Ottobock's growth strategy to tap potential in strategic future-oriented fields.
“Sahva A/S presents us with a great opportunity to expand into the Danish market and establish our ottobock.care network there,” says CEO Oliver Jakobi.
Up to now, Ottobock has not been represented in Denmark with its Patient Care clinics. The acquisition strengthens the company's presence in Scandinavia. In Sweden, Ottobock treats patients at 20 locations under the name Aktiv Ortopedteknik. In Finland, Ottobock operates the Respecta care network with 14 locations.
Around 250 employees work at more than 30 locations for Sahva A/S and treat people with reduced mobility. Annual turnover in 2023 was approx. 40 million euros.
“This acquisition is another important step on our growth path. We are looking forward to integrating Sahva A/S into our ottobock.care network and implementing our high standard for optimum treatments in Denmark as well,” says Oliver Jakobi.
“For me, Ottobock is the most obvious choice on the market to continue Sahva A/S’ long-standing mission: helping people live lives in motion. Ottobock has been our partner and supplier for many years and shares this mission. Sahva A/S has developed very successfully in recent years, and I am looking forward to becoming part of Ottobock’s Scandinavian organisation and contributing with our knowledge and experience,” says Sahva A/S owner René Engskov, who will continue to lead the company as CEO under a new flag.
About Ottobock For more than 100 years, Ottobock has been developing innovative fitting solutions for people with reduced mobility. As a Human Empowerment Company, Ottobock promotes freedom of movement, quality of life and independence. This is supported by more than 9,000 employees. Through their innovative strength, outstanding technical solutions and services in the fields of Prosthetics, Orthotics, NeuroMobility and Patient Care, they enable people in 135 countries to live the lives they want. Founded in 1919, the company continues to set new standards and drive the digitalisation of the industry – together with its partners, medical supply companies and international research institutions – as the global market leader in wearable human bionics. Since 2018, Ottobock has been transferring its expertise in biomechanics to exoskeletons for ergonomic workplaces. The company’s international activities are coordinated from its head office in Duderstadt in the German state of Lower Saxony. Ottobock has been supporting the Paralympic Games with its technical expertise since 1988.
Merle Florstedt Head of Corporate Communications & Unternehmenssprecherin M +49 151 441 616 25 merle.florstedt@ottobock.de www.ottobock.com
